Tongling Jingda Special Magnet Wire Dividends and Buybacks
Dividend criteria checks 3/6
Tongling Jingda Special Magnet Wire is a dividend paying company with a current yield of 1.44% that is well covered by earnings.
Key information
1.4%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 65% |
Recent dividend and buyback updates
No updates
Recent updates
Tongling Jingda Special Magnet Wire (SHSE:600577) Seems To Use Debt Quite Sensibly
Nov 18
Here's What's Concerning About Tongling Jingda Special Magnet Wire's (SHSE:600577) Returns On Capital
Oct 27Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Share Price Boosted 39% But Its Business Prospects Need A Lift Too
Oct 08Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Price Is Right But Growth Is Lacking After Shares Rocket 32%
Aug 16Here's Why Tongling Jingda Special Magnet Wire (SHSE:600577) Can Manage Its Debt Responsibly
Aug 16Tongling Jingda Special Magnet Wire (SHSE:600577) Is Reinvesting At Lower Rates Of Return
Jul 25Analysts Have Just Cut Their Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577) Revenue Estimates By 12%
May 01These 4 Measures Indicate That Tongling Jingda Special Magnet Wire (SHSE:600577) Is Using Debt Reasonably Well
Apr 07Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Low P/E No Reason For Excitement
Mar 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600577's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600577's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tongling Jingda Special Magnet Wire Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600577) | 1.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (600577) (up to 3 years) | 3.0% |
Notable Dividend: 600577's dividend (1.44%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600577's dividend (1.44%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.1%), 600577's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600577 is paying a dividend but the company has no free cash flows.